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The (re)insurer would, however, consider a culturally compatible merger if the opportunity arose, the chairman and CEO said.
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The debate over how far Covid losses will escalate is not the only key to January renewal dynamics.
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We round up the biggest themes from our five-day virtual conference, which welcomed 2,600 delegates this week.
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In a (Re)Connect discussion, panellists said outcomes varied significantly by line and territory but capacity supply was more constrained heading into 1 January.
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The appointment follows a number of senior departures from Aon’s reinsurance ranks.
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Insurance Insider wraps up some of the key themes from Day 1 of the (Re)Connect conference.
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The combination of Covid-19, an active hurricane system, hungry investment capital and a sense of market urgency is causing 1.1 to shape up as one of the most interesting renewals for decades.
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The reinsurance CEO says clients expect a “broad spectrum” of advisory services.
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The carrier participates in payout schemes to policyholders despite doubts over coverage.
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The reinsurer’s CEO predicts two “very good years” as the rate environment improves.
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The Hannover Re CEO forecast that rate momentum will grow from levels set in mid-year 2020.
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Cyber crime and other potential system hazards should be proactively addressed.